Pritzker Private Capital-backed Plaskolite to acquire MXL Industries

Pritzker Private Capital-backed Plaskolite, a manufacturer of engineering thermoplastics, agreed to acquire MXL Industries, a manufacturer of high-quality optical plastic products. Financial terms were not disclosed. “MXL’s highly customizable in-house manufacturing capabilities, ability to manufacture high-quality low distortion optical components and niche end market exposure are an exciting complement to Plaskolite’s coatings offering and operational infrastructure. With our combined resources, we will expand our footprint into more specialty end markets, strengthen customer relationships and solidify our leadership position in specialty plastics and coatings,” Ryan Schroeder, Plaskolite President and CEO